nos-trum. pronunciation: \nos'-trum\. noun. Etymology: Latin, neuter of noster our, ours.
1. a medicine of secret composition recommended by its preparer but usually without scientific proof of its effectiveness.
2. a usually questionable remedy or scheme.
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Saturday, April 24, 2010

The Hits Just Keep Coming: Poison Pills #14 and 15

The flow of bad news that didn't surface when reform was being pushed has now become a steady stream. 

From Kaiser Health News (Apr 23), "The federal agency that oversees Medicaid confirmed Thursday that some money states receive as rebates from drugmakers will now be redirected to the federal government to help pay for the new health overhaul."  This increases the bill to the states, and give DC more revenue to spend.

From the Associated Press (Apr 22), "A report for the state by Milliman, an actuarial consulting firm, found Indiana's Medicaid costs would increase $200 million through 2019 and go up by a total of $2.3 billion over the next 10 years."  This report is in line with what other states are reporting.

As expected, supporters and the Administration disagree.  Time will tell.


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